How much money you need to be part of the 1 percent worldwide?ust how much money do you need to be among the global 1 percent?

According to the 2018 Global Wealth Report from Credit Suisse Research Institute, you need a net worth of $871,320 U.S. Credit Suisse defines net worth, or "wealth," as "the value of financial assets plus real assets (principally housing) owned by households, minus their debts."

More than 19 million Americans are in the 1 percent worldwide, Credit Suisse reports, far more than from any other country, while "China is now clearly established in second place in the world wealth hierarchy," with 4.2 million citizens among the world's top 1 percent.

To be among the top 10 percent worldwide, you don't even need six figures: A net worth of $93,170 will do it.

And even if you have just $4,210 to your name, you're still richer than half of the world's residents.

How much money you need to be part of the 1 percent worldwide?ust how much money do you need to be among the global 1 percent?

According to the 2018 Global Wealth Report from Credit Suisse Research Institute, you need a net worth of $871,320 U.S. Credit Suisse defines net worth, or "wealth," as "the value of financial assets plus real assets (principally housing) owned by households, minus their debts."

More than 19 million Americans are in the 1 percent worldwide, Credit Suisse reports, far more than from any other country, while "China is now clearly established in second place in the world wealth hierarchy," with 4.2 million citizens among the world's top 1 percent.

To be among the top 10 percent worldwide, you don't even need six figures: A net worth of $93,170 will do it.

And even if you have just $4,210 to your name, you're still richer than half of the world's residents.

I would have thought the numbers would have been a lot more. I guess more people live on credit to make it look like they are better off than they are. Now I can tell my wife we have made it and I can retire. LOL just kidding could not retire now Love what I am doing. LOL

More than 19 million Americans are in the 1 percent worldwide, Credit Suisse reports, far more than from any other country, while "China is now clearly established in second place in the world wealth hierarchy," with 4.2 million citizens among the world's top 1 percent.

Click to expand...

The implication is that the US and China are the leaders (of the economic growth) because of the number of millionaires.

And then take this from the same report:

Now I can say that Russia and India are leaders of the economic growth because of their respective share of top 1% of wealth holders.

Do I want to praise ... Libya?

Second fastest growth worldwide in household wealth. Yeah, that happens if your previous wealth has been blown away from the bombs but don't mind that, look at the graph!

Do I want to hide how greater North America performs in comparison to the rest? I will use the log scale

(see how the distance between 100->1000 is the same with 10.000 -> 100.000? That's the log scale in action).

Understand this: statistics mean nothing without context and the discovery/evaluation of the context is where the whole game is.

Most people in the first world countries are in the 1% in the history of humanity... 50% of the world population lives with less than a dollar a day the minimum weight per HOUR in a first world country is $7.25 usd...let those numbers sink.

Most people in the first world countries are in the 1% in the history of humanity... 50% of the world population lives with less than a dollar a day the minimum weight per HOUR in a first world country is $7.25 usd...let those numbers sink.

Click to expand...

This kind of information helps the person to be thankfull of what he already have.

Generally, I did an online test and I replied to all question in a correct way. The IQ can be higher if I did another harder test I guess.
But generally, I think BHW should have a genius section for us loool

Note that adblockers might block our captcha, and other functionality on BHW so if you don't see the captcha or see reduced functionality please disable adblockers to ensure full functionality, note we only allow relevant management verified ads on BHW.